QI-20t2 - ForeclosurePhilippines.com

(1) CONFIDENTIALITY. BPI Family Savings Bank, lnc. (BFB) shall treat all information in the Offer to Purchase in strictest
confidence. BFB shall deal exclusively with the Buyer and/or his/her attorney-in-fact / authorized broker accredited by BFB,
if any.
(2) OFFER TO PURCHASE.
a All offers must be submitted in the official Offer to Purchase Form, duly filled out and signed. The said form may
be submitted directly or sent through fax or email with attached scanned copy of the signed Offer to Purchase
form (front and back) to the CUSTOMER CARE DESK of Property Sales and Leases.
o When the form is faxed or sent via email, the date and time stamped on the email or fax shall be considered the
official time and date of receipt.
(3) FIRST-COME, FIRST-SERVED POLICY. Firstcome, first-served is the service policy of BFB whereby the offers to
purchase are attended to in the order that they are received without other biases and preferences. This policy shall applv
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nce.
(4) SUBMISSION OF DOCUMENTS. The following documents must be submitted by the buyer within 7 banking days from
date of notice; otherwise, the buyer's priority under the "First-come, First-served" Policy shall be lost:
a Fully-accomplished Buyer's lnformation Sheet (BlS)
o Government-issued lD's of Buyer and Spouse (ex. Passport, Driver's License, Postal lD, PRC lD, etc.)
a ln case buyer is a corporation: SEC Registration, Articles of lncorporation, By-Laws, Board Resolutron / Secretary's
Certillcate Authorizing the Purchase of the Property and specifying the Authorized Signatories, who shall also submit
copies of Governmentissued lD's
(5) LETTER ADVICE. BFB shall send a letter advising buyer on the Bank's action on the Offer to Purchase.
(6) ASrS, WHERE-lS POLTCY.
o BFB is selling the property without warranties as to the condition or any aspect of the property except its right to
sell the same. The buyers are solely responsible for examining and judging the property for their own protection.
a For properties with special concerns (such as those with ongoing case/s, illegal occupants or those with documentary
deficiencies, etc), the buyer shall rely solely on his / her investigation of the property and not only on information
provided by the handling sales officer or accredited broker, and he / she is willing to assume all risks attendant to
such concerns.
a BFB and its employees shall not be bound or liable in any manner by the representation of the accredited broker
or any private arrangements between the buyer or third parties, such as the former owne(s), attorneys-in-fact,
brokers andior other persons.
(7) RESERVATION. BFB has no obligation to accept any offer and reserves the right to accept or reject the offer without
any obligation to disclose the reason for its decision. BFB likewise reserves the right to revise all or any part of these rules.
including going
(8) STANDARD pOLtCY ON PAYMENT OF TAXES AND FEES INCIDENTAL TO A SALE OF ANY OF THE BANK',S
PROPERTIES:
Creditable Withholding Tax; Real Estate Tax, Associatron and/or Condo dues
up to the date of sale; Business Tax, if any (for the sale of the property)
Documentary Stamp Tax; Transfer Tax, Registration Fee; Notarial Fee; Real
Estate Tax, Association and/or Condo dues after the date of sale; VAT, if any
I attest that l/ we have read and understood the above rules.
Buyer's Signature